International Credit Rating Agency, Moody's has upgraded Pakistan's outlook from under review for downgrade to stable while maintaining B 3 rating.

In a tweet, Ministry of Finance said this is an affirmation of the Government's sound fiscal and financial policies in these times of unprecedented hardship and uncertainty.

Moody’s has upgraded Pakistan’s outlook from ‘under review for downgrade’ to ‘stable’, while maintaining a B3 rating. This is an affirmation of the Government’s sound fiscal and financial policies in these times of unprecedented hardship and uncertainty.@pid_gov

— Ministry of Finance (@FinMinistryPak) August 8, 2020